National News

Atlanta Housing Scorecard: Inventory half of what it was a year ago

Atlanta’s housing inventory fell to 7,571 homes for sale from 14,962 a year ago, according to the Atlanta Realtors Association.

Interest in tiny homes grows as popularity rises

While pandemic headlines had many leaving cities and moving to the suburbs or looking for additional space in their current home, interest in tiny homes was little remarked upon.

Redfin: Atlanta ranks 6th among top metros for relocation

Atlanta was the sixth most-searched U.S. city by Redfin.com users looking to relocate to different metro areas in January and February, the online real estate broker said in a new report. Atlanta’s popularity comes as homebuyers, often freed from

NAR: ‘Don’t panic, keep contracting’

The National Association of Realtors sends a message to members that it is working to ensure that the proposed Protecting the Right to Organize Act will not hurt their status as independent contractors.

New home sales slide nationwide

Much of the year-over-year increase in home sales was supported by continued robust activity in the Southeast, which saw a 20.2% rise to an annual rate of 458,000 transactions.

Ending 1031s hurts land conservation, farmers

The land conservation and farming communities need to come together and let Congress know how vital the like-kind exchange is to the future of our land and that it must continue.

Buyers show renewed interest in city living as vaccines bring hope

For the first time since March 2020, home-price growth in urban areas surpassed that of suburban and rural locations. 

Atlanta home price increase more than doubles national average

The median price of a home in the U.S. reached its highest point in 13 years last month as inventory continued to fall.

Millennials dominate homebuyer market as Gen Z enters

Eighty-eight percent of all homebuyers said they used an agent as a source of information during their search, and 91% of millennials age 22 to 30 said the same.

Homeownership rising for single women, despite pandemic ‘she-session’

It is not “first comes love, then comes marriage,” but for many women, “first comes homeownership,” according to First American Chief Economist Odeta Kushi.

New residential mortgages hit 14-year high

Lenders issued $1.06 trillion worth of mortgages in the fourth quarter of 2020 with refis contributing to the boost.

Housing observers expect February job gains to continue

“More jobs are very likely, due to the near certain passage of the $1.9 trillion stimulus package and from two million vaccinations per day,” National Association of Realtors chief economist Lawrence Yun said in a release.

Fathom Holdings acquires Red Barn Real Estate

The deal will add approximately 230 agents to the Atlanta footprint of Fathom’s cloud-based brokerage, Fathom Realty LLC.

How will the stimulus bill help real estate?

The stimulus bill includes aid for state and local governments, new homeowners, small businesses and renters.

U.S. House passes Equality Act to prohibit discrimination

The House of Representatives has approved the Equality Act, which establishes legal safeguards to prevent discrimination in housing based on sexual orientation.

Black Knight: Mortgage forbearances finish February with weekly increase

The increase follows a decline earlier in February that cut the number of homeowners in forbearance plans to less than 2.7 million, the first dip below that threshold since April 2020.

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